Busy walk-up traffic location, offering succulent BBQ's, Burgers and Salads, pouring craft beers and specialty cocktails. This high-profile corner location bar/restaurant has to be seen to be fully appreciated. An ABC Type 47 Hard Liquor license is included so customers may enjoy the patio, sipping a cocktail & people watching at this busy location. With 4.5 Yelp stars and great reviews, enjoy ownership and prosperity with the busy summer months ahead of this premier location in Folsom. Monthly rent of $11,500 including water/sewer and at under 8% of revenues makes this a truly viable proposition. Current monthly revenues of $125,000 ($1.5 million annualized) evenings only until the weekends, which leaves plenty of opportunity to grow this business into a highly profitable 7 days a week operation. So much untapped potential. Fully equipped kitchen for its current Burger, BBQ concept. 12 Bar seats plus 100 diners and 50 more on the patio. Parking all around the area. To receive more information and discuss this opportunity with the broker please complete the 'Non-Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationCorporation
  • Established2006
  • Current Owner2023
  • Employees30
  • Reason For SaleOther Interests

Facilities

  • Seating100 + 50 patio
  • Square Feet4,100 + 500 Patio
  • ParkingParking Structure and Street
  • LicensesABC Type 47, Health and Business Licenses
  • Open HoursMon - Wed 4:00 PM - 9:00 PM Thu - Sun 11:00 AM - 9:00 PM

Lease

  • Rent$11,297 Including NNN
  • Expiration05/31/2027
  • Yearly IncreaseContact For Info
  • OptionTwo x 5 year Lease Options
  • Deposit$3,715

Financials

  • Monthly Revenue$125,000
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,500,000
  • Annual Cash FlowContact for Info
  • PayrollContact For Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location